Global Pentane Market, By Type (n-Pentane, Iso-Pentane, Neo-Pentane), Composition Type (Pentane 85/15, Pentane 80/20, Pentane 70/30, Pentane 60/40, Pentane 50/50, Pentane 20/80, Others), Application (Blowing Agent, Electric Cleansing, Chemical Solvent, Aerosol Propellant, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Pentane Market
The pentane market is expected to witness market growth at a rate of 3.6% in the forecast period of 2021 to 2028. Data Bridge Market Research report on pentane market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in demand for the product for various industrial applications is escalating the growth of pentane market.
Pentane refers to an organic compound that possess a chemical formula of C5H12, consisting of five carbon atoms linked together to form a single bond. The product is a hydrocarbon that has a gasoline-like odor and could be burnt as a fuel. This hydrocarbon can be used in various industrial applications such as use as blowing agent to further form a polystyrene.
The increase in demand for chemical intermediates across the globe acts as one of the major factors driving the growth of pentane market. The increase in the production of polymer-based compounds, such as a polyethylene, polyester polyol, polystyrene, and development of aqueous cleaning systems owning to restricted usage of ODS for solvent cleaning applications accelerate the market growth. The rise in demand for aqueous cleaning solutions because of various features such as low/non-VOC (volatile organic compound) content, low toxicity, non-flammable properties, and low odor, and penetration in the electronics and chemicals further influence the market. Additionally, rapid industrialization, expansion of various end use industries and low costs associated with the product positively affect the pentane market. Furthermore, launch of new products or product development extends profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, presence of strict regulations regarding the usage of pentane from the authorities and availability of substitutes that are gradually replacing the usage of pentane are expected to obstruct the market growth. Concerns regarding extra care/handling of pentane requiring specialized labour skills are projected to challenge the pentane market in the forecast period of 2021-2028.
This pentane market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on pentane market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Pentane Market Scope and Market Size
The pentane market is segmented on the basis of type, composition type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the pentane market is segmented into n-pentane, iso-pentane and neo-pentane.
- On the basis of composition type, the pentane market is segmented into pentane 85/15, pentane 80/20, pentane 70/30, pentane 60/40, pentane 50/50, pentane 20/80 and others.
- On the basis of application, the pentane market is segmented into blowing agent, electric cleansing, chemical solvent, aerosol propellant and others.
Pentane Market Country Level Analysis
The pentane market is segmented on the basis of type, composition type and application.
The countries covered in the global pentane market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the pentane market due to the rise in production transportation vehicles in the U.S. Asia-Pacific is expected to be the fastest growing market during the forecast period of 2021 to 2028 because of the urge in adoption of polymer foams in large end-user industries in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Pentane Market Share Analysis
The pentane market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to pentane market.
The major players covered in the pentane market report are oyal Dutch Shell, Phillips 66 Company, TOP SOLVENT CO.,LTD., HCS Group GmbH, INEOS, Ltd, Maruzen Petrochemical, Merck KGaA, TCI Chemicals (India) Pvt. Ltd., Jun Yuan Petroleum Group, SOUTH HAMPTON RESOURCES, SynQuest Laboratories, Aeropres Corporation, Diversified CPC International, Datta Hydro-chem (P) Limited, WanFeng Industrial Limited, Haldia Petrochemicals Limited and Central Drug House, LG Chem, YEOCHUN NCC CO., LTD., and SK global chemical Co., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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